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1 Romeroville Frontage Rd Las Vegas, NM 87701

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Single-tenant Speedway store with high-capacity fueling infrastructure on 7 acres.

Property size:
4,000 SF
Lot size:
304,920.00 Acres

Property Features for 1 Romeroville Frontage Rd

General Information

Standard status
Active
Size
4,000 SF
Lot size
304,920.00 Acres

Building Details

Year built
2000

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Listing Contact
Cynthia Meister
Source: Crexi

Listing Agency: NorthMarq Albuquerque Listing Agent: Cynthia Meister

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Speedway Convenience Store Investment Opportunity

The property presents an opportunity to acquire a single-tenant Speedway convenience store with high-capacity fueling infrastructure, situated across 7 acres. The property is reported to be a top-performing 7-Eleven in New Mexico and in the top 3% nationwide. It is leased on a long-term Absolute NNN lease with contractual rent increases every three years throughout the initial term, providing income growth and complete expense pass-through. Speedway is one of the largest convenience store operators in the Southwest and is owned and operated by 7-Eleven. The parent company generated $81.46 billion in total revenue in 2024, a 4.4% year-over-year increase, and holds an investment-grade credit rating of A by S&P. The property benefits from immediate access to Interstate 25, also known as the Pan-American Freeway, and is located at the convergence of I-25 and U.S. Route 84, a key regional and interstate traffic corridor through northern New Mexico. The property is approximately 4,000 square feet.
Location Intelligence

Current Use by Public Records

Subway Take-out & Catering Speedway Gas Station LibertyX Bitcoin ATM Atm ATM (Tenorio's Travel ... Atm

Suggested Use

Restaurant Grocery & Convenience Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Las Vegas
County
San Miguel
State
New Mexico
Longitude
-105.247799
Latitude
35.520928

FAQs

What type of property is this?
Grocery and convenience store - Single-tenant Speedway store with high-capacity fueling infrastructure on 7 acres.
Where is this grocery and convenience store located?
The property is located at 1 Romeroville Frontage Rd Las Vegas, NM.
What are key features of this property?
This property features: - Top-performing Speedway (7-Eleven) location in New Mexico and top 3% nationwide.; - Long-term Absolute NNN lease with contractual rent increases every three years.; - Located with immediate access to Interstate 25 (Pan-American Freeway) at the convergence of I-25 and U.S. Route 84.
More about this property
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